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19% of US voters traded or used crypto according to new poll

19% of US voters traded or used crypto according to new poll

GrafaGrafa2024/12/18 09:10
By:Isaac Francis

A recent poll from Emerson College found that 19% of U.S. voters have used, invested in, or traded cryptocurrencies at some point.

The survey, which polled 1,000 registered voters from December 11 to 13, reveals that nearly 40% of these crypto users have also made purchases using cryptocurrencies.

“Crypto users are younger and have a larger minority base, highlighting crypto as a growing, diverse constituency for political support,” stated Spencer Kimball, executive director of Emerson College polling.

Among crypto users, 57% had a favorable view of Donald Trump.

Trump’s stance on crypto, which included rallying behind the industry and nominating pro-crypto individuals to financial regulatory positions, has resonated with some voters.

The survey found that the largest group of crypto users are those under the age of 40, with nearly one-third reporting usage of cryptocurrency.

Crypto usage decreased with age, with only 28% of voters in their 40s, 17% in their 50s, 9% in their 60s, and just 4% over 70 reporting using crypto.

The survey also indicated that men are more likely to use crypto, with 26% of male respondents and 13% of female respondents reporting crypto use.

In terms of ethnicity, around one-third of crypto users were Asian, Hispanic, or Black, compared to just 14% of white users.

The poll also touched on political issues, revealing that around 40% of voters supported a ban on TikTok.

However, support for this ban was less strong among younger voters.

According to a previous survey by the Digital Chamber, 26 million U.S. voters consider pro-crypto policies an important factor when voting for political candidates.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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